Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Costa Rica - 2022

Contents:

  1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Costa Rica (FOB) - 2022
  2. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Costa Rica (CIF) - 2022
  3. Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Costa Rica
  4. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Costa Rica

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Costa Rica (FOB) - 2022

In 2022, the average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs amounted to $27,000 per unit, declining by -19.4% against the previous year. In general, the export price, however, recorded a significant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 1,201% against the previous year. As a result, the export price attained the peak level of $52,020 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +26.6% per year.

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Costa Rica (CIF) - 2022

The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $1,606 per unit in 2022, surging by 71% against the previous year. Over the period under review, the import price showed temperate growth. The most prominent rate of growth was recorded in 2020 an increase of 461% against the previous year. The import price peaked at $7,106 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,079 per unit), while the price for Sweden amounted to $133 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+1,053.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Costa Rica

In 2022, approx. 1 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs were exported from Costa Rica; approximately reflecting the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs contracted rapidly to $27K in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -32.5% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 87% against the previous year. As a result, the exports reached the peak of $40K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/AN/A27.00%
United States21.240.033.5N/A25.7%
Others0.1N/AN/AN/A0%
Total21.340.033.527.08.2%

Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Costa Rica in 2022:

  1. Brazil (1.0 units)

Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Costa Rica

In 2022, approx. 2 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs were imported into Costa Rica; with a decrease of -71.4% compared with the previous year's figure. Overall, imports faced a significant curtailment. The pace of growth was the most pronounced in 2020 with an increase of 17%. Over the period under review, imports of attained the peak figure at 7 units in 2021, and then declined markedly in the following year.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs shrank significantly to $3.2K in 2022. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 554%. As a result, imports attained the peak of $7.8K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.01.01.03,0791354.8%
SwedenN/A1.0N/A1331053.3%
Spain3.021.014.0N/A116.0%
South Korea1.01.01.0N/A0.0%
China1.01.01.0N/A0.0%
Germany1,1847,7705,237N/A110.3%
PolandN/AN/A1,325N/A0%
DenmarkN/AN/A12.0N/A0%
Turkey1.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,1917,7956,5913,21239.2%

Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Costa Rica in 2022:

  1. United States (1.0 units)
  2. Sweden (1.0 units)

Source: IndexBox Market Intelligence Platform

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